Hints and tips:
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Adam Posen: I expect him to announce a small amount lower public spending on net, with a bunch of sizeable gross flows offsetting (further cuts to social programs, bailout funds handed to Brexit hit industries...
...Pensioners and [direct benefit] pension funds should see some benefit from higher gilt yields but for many the squeeze will continue....
...The net effect can be seen below: According to Greenspan et al, the shifting proportion of workers to retirees will supposedly increase demand for goods and services relative to supply....
...Osborne praises the independence of the OBR – to laughter from the front bench – Chote et al have managed to overshadow today’s statement. 12.37 The OBR has reduced its assumptions about spare capacity...
...The 1 per cent rise in national insurance contributions (NIC) from next April for employees is likely to go ahead but the same uplift for employers NIC has been shelved. 2....
...al at a national level....
...‘Takeout financing’ is an accepted international practice of releasing long term funds for financing infrastructure projects....
...In principle the crunch and the associated fall in the exchange rate should have hit financial industry and consumer spending and let manufacturing off lightly, but Lehman impacted international trade credit...
...We regret the rise in the effective rate our investors will pay, but hope the industry will now be recognized for the contribution it makes to pension funds and the wider economy....
...Among pension funds, not only must the trustees be convinced but also the consultants who advise them....
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